Tag: DollarIndex
US inflation lent legs to the Dollar
The long-waited US inflation release came in stronger than initially estimated for the month of December, lending fresh oxygen to the greenback as inv [...]
Investors’ optimism kept the Dollar depressed ahead of US CPI
The improvement in sentiment surrounding the risk-linked galaxy weighed on the greenback and sponsored a corrective knee-jerk in the USD Index (DXY) a [...]
Dollar dominates the sentiment on broad-based risk-off mood
The beginning of the new trading year continued to see the greenback on the positive foot. Moving forward, Asian markets should closely follow the Chi [...]
A new year arrives, focus turns to US labor market data
An exciting beginning of the 2024 trading year is ahead. Next week, economic reports include the US and Canada Job Reports and inflation figures from [...]
Santa’s rally continues, Dollar rebounds
The focus is on 2024, particularly considering that the first week will be a busy one. On the last trading day of 2023, the economic calendar is light [...]
No support for the Dollar
Another day in an unusual week. During the Asian session, Japanese data is due, including Industrial Production and Retail Trade. The key report of th [...]
Dollar struggles ahead of an unusual week
Holiday-thinned trading, a shortened week, and a light economic calendar point to abnormal price action in the last days of 2023. Will Santa's rally c [...]
US Dollar shows renewed weakness ahead of US Core PCE data
During the Asian session, Japan will release the National Consumer Price Index for November, and the Bank of Japan will release the minutes of the Oct [...]
Dollar tumbles on Fed’s pivot despite US economy still outperforming
In the last full week of 2023, volume will likely start to fade ahead of the holidays. However, the economic calendar shows many relevant events. Rega [...]
Japanese Yen surges, US Dollar softens ahead of NFP
The key event of the day will be the US official employment report. Before that, during the Asian session, Japan's data is due, including GDP, current [...]
US Dollar kicks off December on wrong footing, ISM PMI, Powell eyed
Here is what you need to know on Friday, December 1:
Risk sentiment remains tepid on Friday, as Asian stocks traded mostly lower, despite the Wall St [...]
Dollar tumbles to three-month lows and Gold soars; Australia CPI and RBNZ next
During the Asian session, the Australian Monthly CPI is due. Additionally, the Reserve Bank of New Zealand will announce its decision on mone [...]
US Dollar reels from USD/JPY sell-off, Fedspeak in focus
Here is what you need to know on Tuesday, November 28:
Another day of mixed trading was seen in Asia on Tuesday, as traders took the lead fr [...]
Dollar remains vulnerable, focus turns to inflation data
In a shortened week, the US Dollar posted losses again. Next week, the key report in the US will be the Core PCE. Consumer inflation data is [...]
Dollar extends correction, focus turns to PMIs
The preliminary November PMIs are due on Thursday, starting with Australia and then moving to Europe. US markets will be closed due to Thanks [...]